label.recordLabel

Minos-EMI S.A.

Greek record company formed in October 1990 when EMI Greece S.A. purchased a majority stake in following a memorandum of understanding signed at the 1990 Midem in Cannes between the CEO of EMI Ltd. and Μάκης Μάτσας. According to the contract, Mákis Mátsas undertook to be the chairman and CEO of the new company for at least 5 years, after which ΕΜΙ Ltd. had the option to increase its stake. It was identified that Minos-EMI S.A. would command one-third of the Greek market, as Μίνως Μάτσας & Υιός Α.Ε. held a 22% market share, while EMI Greece S.A. held 9%. Since 2001, Minos-EMI was the sole EMI label operation in Greece, following the closure of . "EMI Music Greece" was the moniker used to refer to Minos-EMI in an international context, following the EMI Group naming convention for national EMI offices around the world. Between 2002 and 2004, Minos-EMI S.A. handled the distribution of BMG in Greece, having acquired the rights after the closure of Following the completion of the acquisition of EMI Group by Universal Music Group in September 2012, several European EMI operations were placed for sale to comply with European competition laws, and were subsequently acquired by Warner Music Group. In the Greek market hitherto, Universal Music Group had its label operation, Universal Music Greece, which was chosen over Minos-EMI S.A. to be included in the sale of European assets. As a result, Greece was the only European country where a Universal Music Group office was chosen for divestiture, instead of an EMI Group office. Universal Music Greece was acquired by Greek investors and relaunched as an independent label named Cobalt Music (2). Chairmen & CEO: - Μάκης Μάτσας: October 1990 - 2003 - Κώστας Μπουρμάς (former CEO of , left unexpectedly for ): 2003 - ? (for a short period) - Μίλτος Καρατζάς: ? - 2004 - Margaríta Mátsa (Mákis Mátsas' daughter, former head of Μίνως Μάτσας & Υιός Α.Ε. legal department): 2004 - present Also listed as: Minos-EMI S.A. (Greece) / Minos-EMI Greece / Minos-EMI Α.Ε. / MINOS-EMI A.E. / Minos • EMI α.ε. / MINOS • EMI α.ε. / Minos-EMI Greece / Minos-EMI Universal S.A. / Minos EMI Greece S.A. / Minos EMI SA